Who Are The Oil Speculators In The Market Now
A Washington AP report explains how pension funds and other large investors have funneled about 139 billion dollars into energy futures, mostly crude oil, boosting prices. The move has yielded gains but risks a rapid loss if markets reverse, potentially harming retirement benefits across U.S. funds including California’s 240 billion dollar system.
MENTIONED IN THIS ARTICLE
Ashington
Ennis Knupp and Associates
Standard & Poor
Dan Lippe
Petral Consulting Inc
California
S&p
Michael Schlachter
California Pension Fund
Wise County coal plant touted as clean energy showcase
SVCC has created a Construction Trades Academy to train workers for a new plant that could hire 800 during construction and about 750 to operate. The project may create 250 coal mining jobs and aims to advance clean coal technology for Dominion Virginia Power with a target online date in 2012. Senator Puckett calls it a win for the region and a proving ground for new tech.
MENTIONED IN THIS ARTICLE
U.S
Estepp
SVCC
Associated Press
Phillip P
Puckett
D-Russell
Dominion Virginia Power
Wise County
Southwest
Virginia
Mercer County advances litter cleanup ordinance plan
County officials drafted a unified litter control measure to tackle trash and abandoned cars on private property. The plan emphasizes cooperation, a five day cleanup window, daily fines, and potential jail for noncompliance, while excluding city litter codes and aiding owners who cannot clean due to health or financial reasons.
MENTIONED IN THIS ARTICLE
Huntington
Timm Boggess
Mercer County
Mercer
Chambers of Commerce
Princeton
Bluefield
Melanie Farmer
Grant
Bluestone Convention & Visitors Bureau
County Commission
Solid Waste Authority
Fuel price hike hits US troops in Iraq and beyond
Rising oil costs push refiner fuel for warfighting units from 127.68 to 170.94 per barrel, a 34 percent jump. Jet fuel climbs from 2.31 to 4.07 per gallon, while DOD cites a 1.2 billion dollar three month fuel cost rise. Senators push for Iraq subsidies. Iraq's oil revenues may top 70 billion this year.
MENTIONED IN THIS ARTICLE
Washington
Iraq
Pentagon
Afghanistan
U.S
Anistan
Susan Collins
Armed __ Services Committee
Collins
Maine
Ben Nelson
Nebraska
Evan Bayh
Indiana
Bush
Baghdad
Senate
Congress
Ryan Crocker
Fuel theft rises as drive-offs and siphoning grow
Mercer County 911 notes drive offs persist with some culprits caught and others escaping. Virginia State Police say stolen fuel costs stations up to 100 dollars per incident and diesel theft rises due to high prices. Experts urge locking tanks and keeping minimal fuel on hand to deter opportunistic thieves.
MENTIONED IN THIS ARTICLE
Michael Conroy
Virginia State Police
Wytheville
Conroy
Virginias
Rate decisions draw With WV residents wary of costs
The West Virginia Public Service Commission approved an 11.35 percent ENEC related rate increase as part of a settlement. Residents of Bluefield and southern West Virginia face among the state’s highest utility rates amid a weak economy as Appalachian Power faces a larger Virginia rate request. Local leaders warn of broader social and economic impacts and may pursue judicial review or exceptions to the final order. Senator Phillip Puckett urged Southwest Virginia residents to oppose a 24 percent Virginia rate hike pending there.
MENTIONED IN THIS ARTICLE
Braithewaite
West Virginia
Bluefield
Braithwaite
Public Service Commission
PSC
ENEC
Appalachian Power
Virginia
Phillip Puckett
D-Russell
Virginia State Corporation Commission
Puckett
Robertson
Michael A. Albert
ENEC Cost Protections Aim to Benefit Firms and Consumers
The statement highlights protecting both companies and consumers by ensuring ENEC costs are reasonable and prudently incurred, balancing corporate viability with fair charges for the public.
MENTIONED IN THIS ARTICLE
ENEC
Summer Horseback Riding Lessons at Mountain Trail Stables
Mountain Trail Stables offers summer horseback riding lessons. Call 304-467-8762 for schedules and enrollment details.
MENTIONED IN THIS ARTICLE
Mountain Trail Stables
Also Mentioned on This Page
Bill Archer
Barcher
Brian Maka
Fri
Mercer County 911
Alicia
Sead
Fine Jewelry, LLC
Stafford Dr
Pine Plaza
Lady J's Boutique
Courthouse
South First Street
Hot Stone Facial
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!